City of Hermosa Beach -- 03-25-97


PARKING IN-LIEU PROGRAM AND FUND


Purpose:


To provide information so that City Council can provide direction on the subject program.


Facts:


The Parking In-Lieu Program was discussed at the January 14, 1997 meeting and was changed to include any commercial development. The prior policy was for retail uses. It would seem to be a good idea for the City Council to consider a number of options for the parking in-lieu program. These options could range from no change and allow parking in lieu for any commercial development to directing the uses so that parking in lieu is only available for activities that are consistent with an adopted policy.